additional funding available t help banks meet the needs of their depositors this comes just days after the collapse of silicon valley bank nbc news producer garrett grew back joins me now. gary, what more. do we know we do have the statemen straight from we will read a portion of it t you now. after a recommendation from th board, the fdic in the federal reserve, and consulting with the president, secretary yelle improved actions enabling th fdic to complete its resolutio of silicon valley bank tha mirror that fully protects the depositors what does this mean? basically, the depositors will have access to all of thei money starting tomorrow. and no losses associated wit the resolution of silico valley bank are going to b borne by the taxpayer. that is zero dollars there senior management of f s vp ar going to be completely removed from the company, according to treasury and they say that it i decisive action that wil protect the u.s. economy b strengthening public confid
mirror that fully protects the depositors what does this mean? basically, the depositors will have access to all of thei money starting tomorrow. and no losses associated wit the resolution of silico valley bank are going to b borne by the taxpayer. that is zero dollars there senior management of f s vp ar going to be completely removed from the company, according to treasury and they say that it i decisive action that wil protect the u.s. economy b strengthening public confidenc in the banking system. now, one big thing, th statement did not say wa anything about the sale of the bank if you talk to any members o congress, like our team on capitol hill, yesterday an today, the biggest thing the want is a sale of the bank and on the congressional side, the california delegation of republicans and democrat wrapped a briefing call this afternoon. they were briefed ahead of thi public statement they want both the engineering of a sale of the bank, and t raise the fdic limit right
Mardi Pardi at The Banks It’s a Mardi Pardi! We’re bringing Bourbon Street to The Banks on Saturday, February 10th. Let the good times roll during a Big Easy bar crawl from 4pm - 9pm. The Queen City Krewe Brass Band will be bringing New Orleans-style jazz to the street. We’re giving away thousands of beads for good deeds and you won’t want to miss it!
Danny Scott, owner of Red Leprechaun, is not a stranger to the bar business. Scott first opened Fishbowl at the Banks, a bar known for its energetic party scene, in 2019.
Lakshmi worked for ten years in scientific research before becoming a freelance writer. She contributes regularly to publications in India and abroad. Lakshmi is an award winning short story writer who also has published an anthology of articles, a series on Life Skills for children, and several novels, and teaches creative writing in schools and colleges. Lakshmi lives in Mysore with her husband and two daughters. Her most recent short story collection book 'On The Banks of The Cauvery' is now available at :https://www.bspkart.com/product/on-the-banks-of-the-cauvery/